July 27, 2023 In June, the International Sustainability Standards Board (ISSB) published its inaugural disclosure rules, which are intended to become the global climate and sustainability reporting baseline. The standards fully incorporate the recommendations of the Task Force on Climate-related Financial Disclosures (TCFD), the voluntary climate reporting framework released in 2017. The release of these […]
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EP6: The Evolution of Data in Climate Risk Management
In order to become resilient to the financial risks of climate change, companies need to develop effective climate management. This requires clear, comparable, and robust climate data. But how does access to better data help companies enhance their climate management efforts? In this episode, Host Laura Zizzo talks about the evolution of climate data and […]
The Smart Way to Manage Cross-Jurisdictional Climate Reporting
With so many environmental, social, and governance (ESG) and climate risk reporting frameworks, many companies — particularly those with an international presence — are concerned about the complexities of managing multiple jurisdictional climate reporting requirements. But while the climate reporting space is undoubtedly fragmented, many organizations don’t know that most major reporting standards and frameworks […]
UK takes steps to endorse ISSB, IOSCO issues carbon markets report, and more.
The top five climate risk and disclosure stories this week. Want access to deeper insights and curated climate news? Request a demo of our solution today. UK FRC seeks public input on endorsing ISSB standards The UK Financial Reporting Council (FRC) launched a call for evidence on Wednesday to assess the potential endorsement of the International Sustainability […]
Harness the Power of Climate Disclosure and Investor Trends
Data is essential to businesses’ efforts to build climate resilience and fulfill their low-carbon ambitions. It’s also vital for understanding how climate threats could imperil the wider economy and financial system. In July 2023, the Financial Stability Board — a global panel of regulators — said consistent, high-quality, and comparable data is crucial for monitoring […]
IFRS to track climate disclosure progress, and more.
The top five climate risk and disclosure stories this week. Want access to deeper insights and curated climate news? Request a demo of our solution today. IFRS Foundation to track climate disclosure progress The Financial Stability Board (FSB), a global panel of central banks and supervisors, has asked the IFRS Foundation to take over monitoring the progress […]
Climate Risk Regulation Rundown: June 2023
What happened in climate-related financial regulation last month, and what’s coming up. Americas The US Commodity Futures Trading Commission (CFTC) announced it will hold a second voluntary carbon markets meeting on July 19. The meeting aims to discuss private sector efforts around high-quality carbon credits, current market trends, public sector initiatives, and perspectives on how […]
Financial institutions lowballing climate risks, and more.
The top five climate risk and disclosure stories this week. Want access to deeper insights and curated climate news? Request a demo of our solution today. Financial firms lowball climate risks — report Banks, insurers, and investment firms may be underestimating climate-related financial risks due to a disconnect between climate scientists, economists, model builders, and financial institutions, […]
Why Accelerating Your Climate Strategy is a Competitive Advantage
More and more companies are developing corporate climate strategies and setting climate targets. For many organizations, risk is the central focus of these discussions as many wonder how to best mitigate the potential impacts of a changing climate and transitioning economy. Yet the upside of risk and uncertainty is opportunity. As climate-leading organizations are discovering, […]
Global sustainability, climate disclosure standards unveiled, and more.
The top five climate risk and disclosure stories this week. Want access to deeper insights and curated climate news? Request a demo of our solution today. Global sustainability, climate disclosure standards unveiled The International Sustainability Standards Board (ISSB) published its inaugural set of sustainability and climate-related disclosure rules on Monday, with the aim of establishing a global […]